Trade Finance Operations Manager

2 weeks ago


Houston, Texas, United States BankTalent HQ Full time

Company Overview: BankTalent HQ is recognized as a leading financial services provider, committed to excellence and community engagement.

Position Overview: We are seeking a skilled Letter of Credit Manager to oversee our trade finance operations.

Key Responsibilities:

  • Supervise a team to ensure the effective management of all trade finance operations, including letters of credit, banker's acceptances, and documentary collections.
  • Provide expert guidance and support to lending officers and trade specialists regarding letter of credit processes.
  • Ensure the accurate issuance, modification, and documentation of letters of credit and associated transactions.
  • Review all documentation accompanying drafts to ensure compliance with credit terms prior to payment or acceptance.
  • Foster strong relationships with clients, internal departments, correspondent banks, and regulatory agencies.
  • Actively engage with clients to address their needs and enhance service delivery.
  • Contribute to overall operational efficiency and teamwork.
  • Exhibit a proactive approach to responsibilities and assist colleagues in achieving departmental objectives.
  • Structure various types of letters of credit and guarantees, including export letters of credit and silent confirmations.
  • Oversee the training and development of staff members.
  • Resolve complex and atypical issues that arise in operations.
  • Collaborate closely with lending and business development teams to facilitate transactions and address challenges.
  • Maintain accurate records and files, including information on rates, fees, and operational activities.
  • Update operational procedures to align with policies and minimize audit risks.
  • Serve as a point of contact for compliance, audit, risk, and legal teams.
  • Act as a subject matter expert for projects, including updates to back-office systems.
  • Responsible for mentoring staff and conducting performance evaluations.
  • Perform additional duties as required.

Qualifications:

A Bachelor's degree in business, finance, or a related discipline is required, along with a minimum of 4 years of relevant experience in letter of credit operations, including at least 1 year in a managerial role. A combination of education and experience may be considered.

Benefits:

  • Comprehensive Medical, Dental, and Vision Insurance
  • Employer-sponsored Life Insurance
  • 401(k) plan with competitive company matching
  • Attractive compensation package based on experience
  • Generous Paid Time Off policy
  • Tuition Reimbursement for eligible employees
  • Opportunities for internal advancement


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